An economically healthy retirement isn’t just about financial literacy, according to TIAA Institute research; longevity literacy also is crucial for having confidence in a financially healthy retirement. American adults need to learn more about longevity and how long their savings might have to last so they not only save enough but also spend it wisely. Combining retirement … [Read more...] about Longevity Literacy: The Real Secret to Retirement Readiness.
Retirement planning education MSU offers all employees options to save for your retirement goals. Voluntary retirement savings for both full and part-time employees is offered through 403b and 457b plan savings. TIAA, one of the University’s 403b providers (and CURP plan administrator), is offering Live webinars this month to help you plan. Reserve your spot for a live … [Read more...] about Register for TIAA live webinar’s
What Is a Beneficiary? A beneficiary is a person (or entity) who is designated to receive the benefits of property owned by someone else. A beneficiary can be designated in the documents relating to a life insurance policy, a retirement account, a brokerage account, a bank account, and other financial products. It's important to designate beneficiaries for your … [Read more...] about Naming a beneficiary: Are yours updated?
Take Small steps to make a big difference later. To celebrate America Saves Week, TIAA challenges you to contribute an extra penny on every dollar to your retirement account. Just 1% now has the potential for a lot more in growth by the time you retire. With pretax contributions, more money goes into your account than comes out of your paycheck. One percent doesn’t seem like … [Read more...] about America Saves Week